This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Xmas Legs Small Present Present
Pocketmags Digital Magazines
GB
Pocketmags Digital Magazines
   You are currently viewing the United Kingdom version of the site.
Would you like to switch to your local site?
Digital Subscriptions > Newsweek International > 27th July 2018 > The Miseducation of America

The Miseducation of America

Student loan programs have vastly expanded the ranks of college graduates. That’s a problem

OPINION

@bryan_caplan

DOLLARS AND SENSE Sanders wants to make tuition at public colleges free. But the more college degrees multiply, the less they mean to employers.
MCKIBILLO/GETTY

TOTAL U.S. STUDENT DEBT NOW stands at $1.5 trillion. Without the support of the federal government, most of this debt would never have been possible. Even so-called unsubsidized student loans are, in fact, heavily subsidized, compared with, say, credit card debt. Yet, strangely, almost no one argues that America has gotten its money’s worth. Our student loan programs’ main payoff is complaints.

READ MORE
Purchase options below
Find the complete article and many more in this issue of Newsweek International - 27th July 2018
If you own the issue, Login to read the full article now.
Single Issue - 27th July 2018
£4.99
Or 499 points
Annual Digital Subscription
Only £ 0.65 per issue
SAVE
87%
£32.99
Or 3299 points
Monthly Digital Subscription
Only £ 0.94 per issue
SAVE
80%
£3.99
Or 399 points

View Issues

About Newsweek International

BLACK GENES MATTER Genetic research has nearly excluded an entire continent. An effort to remedy that could change the future of cancer treatment, as well as medicine. So this week we ask, why are scientists ignoring African DNA in the search for cures.